Release Date: 25-Jan-2013
16 Chinese firms (14 state-owned enterprises and two private firms) won the license for exploration and production of shale gas in China during second round of auction. These firms will invest more than US$ 2 Billion over next three years under the supervision of Ministry of Land and Resources (MLR).
Successful Bidders:
|
Shale Block |
Successful Bidder |
|
Suiyang, Guizhou |
Huadian Coal Mining Group |
|
Fenggang No.1, Guizhou |
China Coal Geology Engineering Co. |
|
Fenggang No.2, Guizhou |
Haying Shanxi Energy Investment Co. |
|
Fenggang No.3, Guizhou |
Beijing Taitan Tongyuan Natural Gas Tech Co. |
|
Cengong, Guizhou |
Tongren Energy Investment Co. |
|
Qianjiang, Chongqin |
Chongqing Energy Investment Co. |
|
Youyang, Chongqin |
Chongqing Mining Resources Development Co. |
|
Chengkou, Chongqin |
State Development & Investment Co. |
|
Longshan, Hunan |
Hunan Huacheng Energy Investment Co. |
|
Baojing, Hunan |
Shenhua Geological Exploration Co. |
|
Huayuan, Hunan |
China Huadian Engineering Corp. |
|
Sangzhi, Hunan |
China Coal Geology Engineering Co. |
|
Yongshun, Hunan |
Hunan Natural Gas Development Co. |
|
Laifen, Hubei |
Huadian Hubei Power Co. |
|
Hefeng, Hubei |
Huadian Hubei Power Co. |
|
Xiuwu, Jiangxi |
Jiangxi Natural Gas Co. |
|
Lin'an, Zhejiang |
Anhui Energy Group |
|
Wenxia, Henan |
Henan Yukuang Geological Exploration Co. |
|
Zhongmou, Henan |
Henan Yukuang Geological Exploration Co. |
“China Shale Gas Industry Analysis” Research study by KuicK Research gives comprehensive insight on the factors that will be instrumental in giving China the much required thrust to its economy through shale gas development. The research study gives a balanced future scenario of the Chinese shale gas market with the possibilities of high, medium and low production, giving the reader an insight into the market as the future case may be. It also gives the companies involved in shale gas development in China, led by Sinopec that will play the major role in making it a runaway success, much on the lines of the US. The report also takes a look at the political, social and economic factors that might affect shale gas development in the country and also provides a sneak peek into the technological advancements that are required by China.
For more information visit “China Shale Gas Industry Analysis”.